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Archive By Section - Nationwide


Nike 4th quarter net income tops estimates

NEW YORK (AP) - Nike's fiscal fourth-quarter net income rose 5 percent as higher revenue in most geographic regions offset heavy investments in marketing for the World Cup soccer tournament.

June 26, 2014 | | Nationwide


Stocks move lower on Wall Street, led by banks

NEW YORK (AP) - Stocks are closing lower on Wall Street, with banks posting some of the biggest declines.

June 26, 2014 | | Nationwide


Study: Angelenos spend more on housing than others

LOS ANGELES (AP) - A new study finds half of households in metropolitan Los Angeles spend at least 30 percent of their income on rent or mortgage payments - the highest rate among U.S. cities.

June 26, 2014 | | Nationwide


Analysts predict slower June sales for GM

DETROIT (AP) - A number of analysts are predicting that General Motors' June U.S. sales will underperform the overall auto industry, putting the company in danger of losing market share at a critical time.

June 26, 2014 | | Nationwide


Google shows off new Android gadgets at conference

SAN FRANCISCO (AP) - Some 1 billion people are now using Android devices, Google said as the company kicked off its two-day developer conference Wednesday in San Francisco.

June 25, 2014 | | Nationwide


Stocks edge higher despite economic data

NEW YORK (AP) - The U.S. stock market inched modestly higher Wednesday, recovering more than half of what it lost the day before, as investors were able to set aside two disappointing economic reports.

June 25, 2014 | | Nationwide


Justices rule for broadcasters in fight with Aereo

WASHINGTON (AP) - The Supreme Court ruled Wednesday that a startup Internet company has to pay broadcasters when it takes television programs from the airwaves and allows subscribers to watch them on smartphones and other portable devices.

June 25, 2014 | | Nationwide


Moody’s upgrades California’s credit to Aa3

SACRAMENTO (AP) - California's credit rating is rebounding, reflecting the relative stability of its state budget.

June 25, 2014 | | Nationwide


Why a grim US economic picture is brightening

WASHINGTON (AP) - When the government updates its estimate Wednesday of how the U.S. economy fared last quarter, the number is pretty sure to be ugly. Horrible even.

June 24, 2014 | | Nationwide


Stocks end lower as traders sell blue chips

NEW YORK (AP) - The stock market had its biggest decline in two weeks Tuesday, led by a sell-off in blue-chip bank and energy stocks. Homebuilders rose after the government reported sales of new homes rose in May to the highest level in six years.

June 24, 2014 | | Nationwide


Eyes on you: Experts reveal police hacking methods

LONDON (AP) - Law enforcement agencies across the globe are taking a page out of the hacker's handbook, using targets' own phones and computers to spy on them with methods traditionally associated with cybercriminals, two computer security groups said Tuesday.

June 24, 2014 | | Nationwide


AT&T says DirecTV deal could slow price hikes

NEW YORK (AP) - AT&T's CEO told Congress Tuesday that his company's purchase of DirecTV will help slow increases in programming prices, but won't lead to a decrease in prices.

June 24, 2014 | | Nationwide


Obama says US should have paid maternity leave

WASHINGTON (AP) - President Barack Obama said Monday that the United States should join the rest of the industrialized world and offer paid leave for mothers of newborns.

June 23, 2014 | | Nationwide


Stocks slip below records; FMC falls

NEW YORK (AP) - Stocks fell for the first time in seven days, ending a run that had pushed the indexes to all-time highs, as investors assessed corporate news.

June 23, 2014 | | Nationwide


Court raises bar for securities class action cases

WASHINGTON (AP) - The Supreme Court on Monday made it tougher for investors to join together to sue corporations for securities fraud, a decision that could curb the number of multimillion-dollar legal settlements companies pay out each year.

June 23, 2014 | | Nationwide


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Articles by Section - Nationwide


Credit card late payments down in 2Q

LOS ANGELES (AP) - Americans are doing a better job of making timely credit card payments, even as many lenders increasingly extend credit to more people with less-than-stellar credit.

August 25, 2014 | | Nationwide


Housing recovery on track

WASHINGTON (AP) - A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.

August 21, 2014 | | Nationwide


Russia may close more McDonald’s

MOSCOW (AP) - Russia's food safety agency said Thursday that it was checking McDonald's restaurants around the country, a day after several branches of the chain were shuttered in Moscow.

August 21, 2014 | | Nationwide


Wealth gap widened in the last decade

NEW YORK (AP) - A report from the Census Bureau is the latest evidence that the rich are getting richer while the poor get poorer.

August 21, 2014 | | Nationwide


Gap reports higher profit

SAN FRANCISCO (AP) - Gap Inc. said its profit rose 10 percent in the second quarter as the clothing retailer cut expenses and managed to lift sales.

August 21, 2014 | | Nationwide


Burger King nixes lower-calorie ‘Satisfries’

NEW YORK (AP) - Burger King is getting rid of its lower-calorie french fries at most restaurants after less than a year.

August 13, 2014 | | Nationwide


Amazon debuts mobile payment app, card reader

NEW YORK (AP) - Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.

August 13, 2014 | | Nationwide


Apple bans use of 2 chemicals in iPhone

SAN FRANCISCO (AP) - Apple is banning the use of two potentially hazardous chemicals during the final assembly of iPhones and iPads as part of the company's latest commitment to protect the factory workers who build its trendy devices.

August 13, 2014 | | Nationwide


Cisco to lay off up to 6,000 workers

SAN JOSE (AP) - Cisco said Wednesday that it will lay off up to 6,000 workers, or 8 percent of its workforce, as part of a restructuring.

August 13, 2014 | | Nationwide


PBS’ antiques show finds $1M baseball trove

LOS ANGELES (AP) - The PBS series "Antiques Roadshow" says it hit a home run with a collection of 1870s Boston baseball memorabilia.

August 12, 2014 | | Nationwide


Asbestos sales flourish in Asia

VAISHALI, India (AP) - The executives mingled over tea and sugar cookies, and the chatter was upbeat. Their industry, they said at the conference in the Indian capital, saves lives and brings roofs, walls and pipes to some of the world's poorest people.

August 12, 2014 | | Nationwide


‘Advanced Warfare’ jumps Call of Duty predecessors

FOSTER CITY (AP) - It feels like a well-armed Christmas morning at Sledgehammer Games.

August 11, 2014 | | Nationwide


Postal Service loses $2 billion this past spring

WASHINGTON (AP) - The U.S. Postal Service lost $2 billion this spring despite increasing its volume and charging consumers more money to send mail, officials said Monday.

August 11, 2014 | | Nationwide


FDA OKs DNA-based test for colon cancer

WASHINGTON (AP) - The Food and Drug Administration on Monday approved the first screening test for colon cancer that uses patients' DNA to help spot potentially deadly tumors and growths.

August 11, 2014 | | Nationwide


Yelp CEO reviews own business

SAN FRANCISCO (AP) - After Yelp posted the first quarterly profit in its history last week, the online business review site got panned on Wall Street. The company's stock plummeted 11 percent the day after the results came out, wiping out its gains for the year.

August 06, 2014 | | Nationwide


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